Brief: AMA Group To Raise A$125 Million To Provide Funding Certainty

Ama

18/07/2024 02:14

July 18 (Reuters) - AMA Group Ltd  AMA.AX :
    * TO RAISE A$125 MILLION TO PROVIDE FUNDING CERTAINTY
    * FUNDS RAISED WILL BE USED TO REPAY A$50.0 MILLION OF
EXISTING
SENIOR BANK DEBT, AMONG OTHERS
    * ALL NEW SHARES OFFERED  WILL BE ISSUED AT A PRICE OF
A$0.042 PER
NEW SHARES

Further company coverage:  AMA.AX